Partner Article
St Katharine Docks could soon have a new owner after hitting the market for £435m
Private equity behemoth Blackstone has brought central London’s only marina to the market after it began touting the tech and leisure hub to potential buyers for £435m.
St Katharine Docks, which the private equity giant acquired in 2014 as part of its £448m acquisition of Max Property Group, had recently undergone a repositioning to attract more businesses to its office portion along with new food operators.
Perhaps the most high-profile new tenant in recent years has been Passion Capital-backed Smarkets, which moved into a 10,000 sq ft space at the development back in 2015, alongside other tech and creative businesses.
The area now boasts over 80 companies supporting a 6,000-strong workforce across a range of sectors and specialisms.
According to the Standard, CBRE’s Franco Sidoli is believed to be handling the deal, which could be one of the biggest in London this year.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Are you flying too close to business burnout?
Making education a lot better for a lot more
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back